The Data Center Power Market is segmented by Component (Service (Support and maintenance, training and consulting, System integration), Solution (Power backup, Power distribution and measurement, Cabling infrastructure), Data Center Size (Small & Mid-Sized Data Center, Large Data Center), Application (Telecom & IT, Banking, Financial Services and Insurance (BFSI), Government, Other), and Region - COVID-19 Impact Analysis and Forecast to 2028.

Market Dynamics

• The increasing adoption of advanced technologies such as cloud computing in numerous end-use industries.
• The growing use of data centers due to their superior benefits such as efficiency, enhanced scalability, and flexibility of business operations is another key factor propelling market growth.
• Increasing demand for advanced systems to reduce power consumption and the emergence of modular data centers
• Enterprises must reduce operational expenses to meet rising demands.
• State-of-the-art power-saving variants are being introduced, alongside modular data centers, to reduce data centre power consumption.

What is a data center?

A data center is known as a self-contained unit built in the building It is used to house computing equipment such as servers coupled with different components including network, telecommunications, and storage systems. Every data center involves the use of alternating current (AC) and direct current (DC) power since the AC is often converted to DC or vice versa.

Key Players

Some players operating in the data center power market are-

• Vertiv Holdings Co (US)
• Raritan (US)
• ABB Ltd (Switzerland)
• Eaton Corporation Plc (Ireland)
• General Electric Company (US)
• Rittal GmbH & Co. KG (Germany)
• Schneider Electric SE (France)
• Cummins (US)
• Tripp Lite (US)
• Hewlett-Packard Development (US)
• Delta Power Solutions (Taiwan)
• CyberPower Systems (US)
• Santak (China).

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s market realities and future market possibilities for the forecast period of 2022 to 2028.

The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.

The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. 

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. 

We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

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